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't the president aggressively defended u.n. ambassador susan rice. >> if senator mccain and senator graham and others want to go after somebody, they should go after me, but for them to go after the u.n. ambassador who had nothing to do with bengazi and was simply making a presentation, to bad her reputation is outrageous. but what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford. >> reporter: congress has until the end of this year to come up with a plan and spending cuts that could trigger a conversations, what's referred to as the fiscal cliff. >> i want a big daily deal, i want a specific deal. >> reporter: and spending cuts, he's meeting with business leaders today. in washington, craig boswell fox news. >> on wall street, the markets went from bad to worse after the president's fiscal cliff assessment. the dow is down double digits early on and the losses intensified ultimately dropping 185 points. nasdaq fell 37, each index shed 36%. retail sales fell last month, the decrease follows three straight months of gain. superstorm sandy had both po
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